Sometimes it seems that every day a new FinTech appears that promises to be the best to handle your online transactions. However, there is one that stands out not only for being practically ubiquitous ...
MercadoLibre (NASDAQ: MELI) went public in 2007. The owner of an online marketplace to connect buyers and sellers, it was touted as the "eBay of Latin America." At the end of the first day of trading, ...
SAO PAULO, Aug 21 (Reuters) - Latin American e-commerce giant MercadoLibre's financial technology arm Mercado Pago announced on Wednesday that it has started making a so-called stablecoin priced in ...
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Mercado Pago seeks banking licence in Argentina
Mercado Pago, the financial division of Mercado Libre, is set to apply for a banking licence from the Central Bank of Argentina. This initiative aims to broaden its digital service offerings within a ...
Mercado Pago, the financial services arm of MercadoLibre, has agreed to acquire Nikos DTVM, a securities distributor based in Brazil, reported Bloomberg. Financial specifics of the deal remain ...
MEXICO CITY, June 17 (Reuters) - Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has seen adoption of its slim mobile credit-card readers more than double in the past year, ...
As a first-mover, the management capitalized on the massive underbanked/unbanked populations in Latin America. From a pure payment facilitator, Mercado Pago evolved into a full-fledged digital finance ...
Mercado Pago, the financial services arm of MercadoLibre, has agreed to acquire Brazilian securities distributor Nikos DTVM, a move that will expand its offerings of investment products in Latin ...
Fintech company Circle announced a partnership with Mercado Libre on Aug. 29 to bring the USD Coin stablecoin to Mercado Pago. 1/ The largest fintech in LATAM, @mercadopago, part of Mercado Libre, the ...
Here's how the payment option became so important, and why its growth might just be getting started. More than a decade later -- Christmas Eve of last year, to be exact -- it's market cap stood at $11 ...
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